Bill > HB2624

This bill modifies the definitions and penalties for larceny crimes in West Virginia by updating the monetary thresholds and creating a new category of offense. Specifically, the bill raises the threshold for grand larceny from $1,000 to $2,500, meaning that theft of goods or chattels valued at $2,500 or more would now be considered a felony. The penalties for grand larceny are also adjusted, increasing the potential fine from $2,500 to $10,000. Additionally, the bill introduces a new offense called "aggravated grand larceny" for thefts of goods or chattels valued at $25,000 or more, which carries more severe penalties, including a prison sentence of 3 to 15 years and a potential fine of up to $100,000. Conversely, theft of goods valued under $2,500 remains a misdemeanor (petit larceny), punishable by up to one year in jail and/or a fine of up to $2,500. These changes aim to create a more nuanced approach to classifying and penalizing theft based on the value of stolen property.

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http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=2624&year=2025&sessiontype=RS&btype=bill